Specifies a Recognized Sales option to apply when creating a calculation method for WIP. You must select one of the six options:

Option Description

At Completion

Costs recognized at completion.

Contract (Invoiced Price)

Price determined by invoices within contract.

Usage (Total Cost)

Costs determined by usage.

Usage (Total Price)

Price determined by usage.

Percentage of Completion

Calculated. Determined by job completion.

Sales Value

Calculated. Sales determined by value.

Tip

See Also